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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the shots. now, ahmadinejad over eight years has come, you know, risen and gone down and risen and gone down in terms of his power, but, you're right to say that he's a lame duck and they have a presidential election in june and he's down to his last, you know, little more than six months and beyond that, beyond that, within the last two years, he and his inner circle have come under increased pressure and even rumors he might be arrested or those around him arrested. his power has declined and it has always been about the supreme leader. i think he still has some residual influence because he's the president, b
the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the...
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>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot at seeing what you could buy and what you couldn't buy with the food stamp. >> $29 for an entire week of eating doesn't go far, and i had to live off of a lot of stuff that i usedo eat when i was a college kid when i didn't have much of a budget. i had to skip a few meals in order to make the budget work. i ended up losing a few pounds which is not what the program is supposed to do. so i learned a lot and i think it will make me a better policymaker. >> what would you take from that experience, you said makes you a better policymaker, can you think of something off the bad where you are now kind of wantin
>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot...
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the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balanc
the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan...
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the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on whether to include god in the platform. there's never been a time there's a more stark contrast between a democrat and republican. i'm afraid if romney continues this course and doesn't stand and run on the republican platform, i think a lot of evangelical voters may sit this one out. >> republican platform is against abortion. but to protect the life of the mother, in the cases of rape and incest. that's what most americans, the vast majority of americans agree with. are you saying that he should go against with the republican platform, against abortion in all ses? >> i think he needs to make clear
the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on...
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who would you rather have hanel the economy. an economy, romney by a huge margin. medicare, all the way down, so it just seemed like the president didn't respond in a way, that folks -- everybody went into the debate suspecting he would win. >> i was very candid. the challenger always -- always, always, always gets the bunch with the sitting president. they are on the stage with the president, toe to toe, much has been written about that. we knew that. and we knew governor romney has been practicing, reherselfing lines since june for this. >> and you know you also get another one. will i see you october 16th? >> i'll be there. >> me too. >> wolf being back to you. >> candy will be moderating the next presidential debate. jim acosta with a special guest, marco rubio who supports mitt romney. must be pretty happy. >> that's right, wolf. we had senator rubio listen to david axelrod's comments. we heard him say let's not get caught up in the theater of the moment. i'm guessing from your vantage point, it was a good play tonight. >> the only one more frustrated than bar
who would you rather have hanel the economy. an economy, romney by a huge margin. medicare, all the way down, so it just seemed like the president didn't respond in a way, that folks -- everybody went into the debate suspecting he would win. >> i was very candid. the challenger always -- always, always, always gets the bunch with the sitting president. they are on the stage with the president, toe to toe, much has been written about that. we knew that. and we knew governor romney has been...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in depth? they can't stand there and not say anything to fill the remaining 13, 12, 10 minutes. >> you'd be surprised how well politicians can fill time saying very little. but i would think the opportunity is there and the pressure is there particularly on mitt romney, but also on the president. there's a lot of pressure to say, okay, so how do you create jobs? we know you both want to create jobs. we know you both don't think the other is doing it the right way. what specifically are you going to do? how specifically will you bring down the deficit? there'
, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in...
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of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to new
of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans....
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because the economy has crashed, forcing more people to rely on government programs like unemployment and food stamps. because the baby boomers started retiring, collecting social security and medicare. and maybe because barack obama is president. >> the question we asked today is not whether our government is too big or too small, but whether it works. >> reporter: from the start, mr. obama has clearly believed government is a positive force, that expansion is not bad and that it serves to control what many consider the excesses of the free market. >> and without the hand of policy, markets can crash. the vulnerable can be exploited. >> reporter: he frequently cautions against unwarranted growth, yet the economic stimulus and the auto bailout he has sounded like another democratic president, frankly roosevelt who in the great depression insisted government must protect economic rights. >> the right to adequate medical care and the opportunity to achieve and enjoy good health. >> reporter: flash forward four decades and here comes another president with a very different view. >> gover
because the economy has crashed, forcing more people to rely on government programs like unemployment and food stamps. because the baby boomers started retiring, collecting social security and medicare. and maybe because barack obama is president. >> the question we asked today is not whether our government is too big or too small, but whether it works. >> reporter: from the start, mr. obama has clearly believed government is a positive force, that expansion is not bad and that it...
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] isn't always the one you plan to take. whoa, check it out. hey baby goat... no that's not yours... [ hikers whispering ] ...that's not yours. [ goat bleats ] na, na, na -- no! [ male announcer ] now you can take a photo right from video, so you'll never miss the perfect shot. [ hikers laughing, commentg ] at&t introduces the htc one x. now $99.99. rethink possible. the good they did inspires us, prepares us and guides us. at new york life, everything we do is to help you keep good going. >> the debate on wednesday. romney is taking two days off. you can't just walk in there. you have to prepare for these details dee baits. romney is taking a couple of days off. is he going to study. they'll have practice debates. he is going to do that for two days. another full day of spray tan, and then
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] isn't always the one you plan to take. whoa, check it out. hey baby goat... no that's not yours... [ hikers whispering ] ...that's not yours. [ goat bleats ] na, na, na -- no! [ male announcer ] now you can take a photo right from video, so...
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economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react. and romney was, you know, had a -- from a theatrical perspective, had a terrific evening. >> you tweeted out, which was your only tweet, no offense whatsoever. >> yeah. >> so you agree. >> i found the thing that was most surprising was that the president really seemed to have no offense. he seemed to kind of just sit there and no matter what governor romney said, and i think there was some substantial factual inaccuracies in his presentation which we're going it hear a lot about today, but the president just seemed to, you know, just sort of sit there and tak
economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react....
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the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dodd-frank designates banks too big to fail. this is an enormous boom for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. you can i get rid of all regulation. -- you cannot get rid of all regulation. there are some parts that make all of the sense in the world. in a transparency, the average leverage limits. thist's let him respond to specific one --
the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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and you don't want the obama economy and our guy knows how to run a business and run an economy and run a state. but we are seeing that the polling is showing us, back to the polling, two-thirds of americans say things really aren't great right now but saying a year ahead, they see things looking better, the housing market, housing numbers starting to show signs of life, three months in a row, housing prices going up, data today that will show maybe some spark, notwithstanding the fiscal cliff happening in the american economy. how does that change your message for the romney campaign? >> listen, i happen to agree with the assement about the polling that goes back to my earlier point. the polls, literally feeding this beast about polling, spending way too much time talking about it the bottom line is this. i read a headline that says obama defends his record. there is no -- i mean if you are defending a record of failure, he's failed on every level. if you hold him to account to his own -- >> people are saying the economy is starting better, they are not losing money or their house
and you don't want the obama economy and our guy knows how to run a business and run an economy and run a state. but we are seeing that the polling is showing us, back to the polling, two-thirds of americans say things really aren't great right now but saying a year ahead, they see things looking better, the housing market, housing numbers starting to show signs of life, three months in a row, housing prices going up, data today that will show maybe some spark, notwithstanding the fiscal cliff...
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all eyes will be on the economy this week. the big news for wall street comes on friday with the september jobs report. of course, that is key for the markets. it's also key in the race for the white house. also ahead, we'll get a look at september auto sales data. as well as the latest look at construction spending. we'll see if those indicators show any continued signs of improvement like we've been seeing in the housing market. and the fed releases minutes from its last meeting, shedding more light on the central bank's decision to try to further stimulate the u.s. economy. we'll track that and all the week's business news on cnn money. >>> i'm a.j. hammer, here's what we're watching this week. jamie presley is going to be joining me to find out what she's been up to lately and we've also got a big show biz countdown this week of the best presidential impersonations ever. you got to tune in to see if your favorites make the cut. >> thanks, guys. some high school students thought they were pretty funny nominating a girl to t
all eyes will be on the economy this week. the big news for wall street comes on friday with the september jobs report. of course, that is key for the markets. it's also key in the race for the white house. also ahead, we'll get a look at september auto sales data. as well as the latest look at construction spending. we'll see if those indicators show any continued signs of improvement like we've been seeing in the housing market. and the fed releases minutes from its last meeting, shedding...
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and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still wouldn't support that. isn't that part of the problem, when you have republicans who say, i won't support any type of revenue increase and wow won't even accept any cuts? that makes no sense. >> well, i think everybody says there has to be some sort of compromise. and the narrative is that we won't compromise. i think we actually do compromise all the time. we compromise to raise military spending and to raise domestic welfare spending. what i would say is the compromise is not to raise taxes, the compromise is reduce military spending and reduce domestic spending. i think i've got some work even on my side on
and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still...
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do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. in the live free or die state,we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. there are no two ways about it. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that. remember the stimulus? remember the idea that if we borrow $831 billion and spend it on pet projects and interest groups, they said unemployment would never reach 8%. we would be growing at 4% a year right now. unemployment has been above 8% for 43 months. our economy last quarter stalled at 1.3%. what is worse for all of these promises about cutting the deficit, growing the economy, bringing people together in a bipartisan fashion -- i will not even get into the oceans and tides. [laughter] i have heard that one. all of these promises w
do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. in the live free or die state,we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. there are no two ways about it. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with...
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and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to corporations that move jobs overseas. when he was asked what he would do to actually cut spending and reduce the deficit, he said he'd eliminate public television funding. don't boo now. but i just want to make sure i got this straight. he'll get rid of regulations on wall street. but he's going to crack down on sesame street. >> all right. so there's the president of the united states. [zhe's got a good line there abt mitt romney. he's been ridiculing mitt romney big time. he did it earlier today. now. something he avoided doing dramaticall
and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to...
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we had thought that the economy grew 1.7%, which is rlyve slow. ins growing about , china more than 7%. what we learned today is, in this is one of those revisions we found out that the growth was substallwe 1.3%. thurse of coas got the republicans talking. mitt romney put out a statements stuck in neutral. buit's not gang busrs.t utral should be running at 3% or higher to be a healthy economy and r theobs that have beest. let'sope itets to that level. a lot of people are counting on ali, tnks very much. >> mypleasure. >>> with only 40 days to the election, people across the country are focusing in on the presidential race. while we'teetrack of all thewate cooler debates, we haome exclusive eye-opening data about political discussions on the world's biggest social network, we're talking about facebook. let's bring in mark preston, he's taking a closer look. mark, tell our viewers what you're seeing. >> wolf, over the past 72 hours we've witnessed a large number of people all across the nation buzzing about mitt romney on facebook. so much so that
we had thought that the economy grew 1.7%, which is rlyve slow. ins growing about , china more than 7%. what we learned today is, in this is one of those revisions we found out that the growth was substallwe 1.3%. thurse of coas got the republicans talking. mitt romney put out a statements stuck in neutral. buit's not gang busrs.t utral should be running at 3% or higher to be a healthy economy and r theobs that have beest. let'sope itets to that level. a lot of people are counting on ali, tnks...
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they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you acc
they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind...
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Oct 2, 2012
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that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about. look, the romney campaign is at a point where they true to seize on one syllable or one inflection point to try to make things into this gaffe or that gaffe. i'm happy to have this debate. >> well, robert, we will move on, but you know that both sides pick at that game, picking at every word and every syllable to pick up a gaffe and put out a press release out about it. >> it's been an gold medal olympic sport. >> good one. mitt romney, he may have given us a little preview of what he'll be saying in the debate tomorrow. listen to what he had to say
that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about....
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Sep 27, 2012
09/12
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FBC
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the average american understands state of this economy. the banks on wall street monday doing good,. ashley: case in point. ohio, which is a very important swing state, if you look at their personal income since december 2007, it has risen a whopping 2.1%. in nearly five years. mr. obama has a lead not. >> yes, the pools are an open question. i don't buy it, but i'm not a professional pollster. i think we do raises another interesting point. which is what this administration promises, we did not promise certain things -- but he promised that he would have the deficit, and where are we? the deficit has doubled and the president said that he would reduce the cost of health care. that has gone on. ashley: the numbers are there. let's bring in our next guest. he talks about the need for economic patriotism. >> given how many times we have heard people from the left refer to economic patriotism,. that makes me nervous. that could kill jobs, make businesses suffer, here he is, running as a central part of a campaign message. running on something
the average american understands state of this economy. the banks on wall street monday doing good,. ashley: case in point. ohio, which is a very important swing state, if you look at their personal income since december 2007, it has risen a whopping 2.1%. in nearly five years. mr. obama has a lead not. >> yes, the pools are an open question. i don't buy it, but i'm not a professional pollster. i think we do raises another interesting point. which is what this administration promises, we...
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Sep 28, 2012
09/12
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is their economy growing -- >> i get that. but also, as you know, the whole point of televised debate, there is a measure of how did you look? how did you seem? did you seem presidential? did you seem aggressive? did you seem like the underdog? did you -- did you flub? did you stutter? all those things, too, in addition to the specifics of policy and the actual facts that will be discussed, are also important. right? >> well, soledad, i think it means a lot to people on television. i worked in television for many years, too. certainly that is the chatter that many times people want to bring up to the public. it still comes down to this point of what did someone say, not just how did they look. this isn't election for the prom king. this is an election for president of the united states -- >> right, no, and i would agree with you on that and that's not what i'm saying so i'll stop you there if i can. i agree with you on that. i'm not saying how you look, i guess you would say how you can command and navigate a debate is, might
is their economy growing -- >> i get that. but also, as you know, the whole point of televised debate, there is a measure of how did you look? how did you seem? did you seem presidential? did you seem aggressive? did you seem like the underdog? did you -- did you flub? did you stutter? all those things, too, in addition to the specifics of policy and the actual facts that will be discussed, are also important. right? >> well, soledad, i think it means a lot to people on television....
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Oct 1, 2012
10/12
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the economy. look at this poll. which candidate would better handle the economy? the president, 49%, governor romney, 48%. a dead heat. the president has to defend his record. governor romney not only needs to attack his record but to convince voters he has a better place to take them if he wins the election. and you know this full well, the reason this debate and what both candidates say in the economy is so important is the friday morning after the wednesday night debate, we'll get the latest unemployment report. if governor romney could turn in a strong debate performance and another tepid jobs report, there's a chance for this race to change after debate number one. >> if you're the obama campaign, you're looking at all these numbers in our brand-new poll. what's most encouraging to you? >> reporter: in scrubbing through the demographics, the regional numbers, here's one thing they will like at the obama campaign. among white voters nationally, the president gets 41%. governor romney gets 56%. governor romney's beating him by a big number, how is that good for
the economy. look at this poll. which candidate would better handle the economy? the president, 49%, governor romney, 48%. a dead heat. the president has to defend his record. governor romney not only needs to attack his record but to convince voters he has a better place to take them if he wins the election. and you know this full well, the reason this debate and what both candidates say in the economy is so important is the friday morning after the wednesday night debate, we'll get the latest...
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Sep 30, 2012
09/12
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economy. if there is something worth learning, it is the interdependence of them. >> how confident are you? >> i would definitely consider it. [laughter] >> maurice goldstein. institute for international economics. managing director, thank you for a most interesting speech. >> i am always cautious when an english speaking person calls something interesting, it could make it -- could mean anything. >> you are quite right, but let me proceed anyways. [laughter] you indicated in the discussion of the eurozone, you mentioned the need for friendly measures, not just austerity. what are those growth friendly measures? why did we think that these would be sufficient to poll the eurozone out of recession? when discuss in the u.s. fiscal cliff, you made a helpful distinction between the medium term need for strong fiscal consolidation, and the short term need to avoid fiscal contraction. well, why is there not a similar distinction at this point in the eurozone? if not, why not? >> first of all, in the
economy. if there is something worth learning, it is the interdependence of them. >> how confident are you? >> i would definitely consider it. [laughter] >> maurice goldstein. institute for international economics. managing director, thank you for a most interesting speech. >> i am always cautious when an english speaking person calls something interesting, it could make it -- could mean anything. >> you are quite right, but let me proceed anyways. [laughter] you...
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Oct 4, 2012
10/12
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the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dr. frank -- dod rank -- dod -frank dissipates banks too big to fail. this is an enormous boon for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. there are some parts that make all of t sense in the world. in a transparency, the average once -- leverage lemons. --limits. >> of us to let him respond to this
the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with...
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Oct 4, 2012
10/12
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they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you acc
they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind...
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Sep 27, 2012
09/12
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in the 21st century global economy. those communities that created will be the communities that thrive in our market economy. and those communities that do not will be the ones who fall behind. san antonio, i believe, needs to make a huge investment in education. that investment is not limited to more money. it also means getting parents involved. it also means expecting more from everybody along whole education ecosystem, from administrators to policy-makers to teachers come expecting more out of everyone. so what i have on the table in san antonio is basically a 1/8 cent sales tax that will cost the median household in the city $7.81 per year. mind you, every day in texas, it cost $359.81 to keep a juvenile incarceration. what we have on the table is the opportunity to educate more than 22,404-year-olds with -- 22,400 4-year-olds with high quality pre-k. >> i don't believe that taxes are inherently evil. >> that will be tweeted, by the way. [laughter] give them a second. [laughter] >> i do believe that taxes are inher
in the 21st century global economy. those communities that created will be the communities that thrive in our market economy. and those communities that do not will be the ones who fall behind. san antonio, i believe, needs to make a huge investment in education. that investment is not limited to more money. it also means getting parents involved. it also means expecting more from everybody along whole education ecosystem, from administrators to policy-makers to teachers come expecting more out...
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Oct 1, 2012
10/12
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now, obama's had an edge on the economy in a lot of recent polls by a narrow one, two-point margin. not that much difference. interesting nonetheless mitt romney has a little edge there. a nice talking point for this campaign heading into this week, john. >> peter, live in washington. sorry we couldn't be in the same room, just too much raw energy. >> me, too. >> thank you, peter. >>> moving on, the big mystery in tennessee this morning. where you two missing siblings. a 9-year-old and 7-year-old brother. grandparents killed in a house fire last week. it was first believed the children perished it's a well but no sign of their bodies found. on friday a statewide amber alert was issued for them. >>> a taliban taking responsibility for a suicide. three u.s. service members among the three killed. 50 others wounded. the bomber targeted a joint nato-afghan patrol in khost city. this after two americans died including the 2,000th u.s. military member to be killed during the war in afghanistan. >>> a judge expected to rule later today on pennsylvania's controversial voter. >> i d. law. it
now, obama's had an edge on the economy in a lot of recent polls by a narrow one, two-point margin. not that much difference. interesting nonetheless mitt romney has a little edge there. a nice talking point for this campaign heading into this week, john. >> peter, live in washington. sorry we couldn't be in the same room, just too much raw energy. >> me, too. >> thank you, peter. >>> moving on, the big mystery in tennessee this morning. where you two missing...
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Oct 4, 2012
10/12
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WTTG
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we are still on the economy. we'll come back to taxes and move on to the deficit and a lot of other things, too. >> mr. president, you are absolutely right, with regard to 97% of business is not taxed at the 30 boppers in tax rate, they are taxed at lower tax rate. but those top 3% employee half the -- those are the businesses that employ one-quarter of all the workers in america. your plan is to take that tax rate from 38% to 40%. federal income tax, federal payroll tax, state income tax, state sales tax, gasoline tax, it adds up to 50% oo what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of businesses has said that will cost 700,000 jobs. i don't want to cost jobs.+ my priority is jobs. what i'd do is bring down the tax rate, lower deductions and exemptions, the same idea behind bowles-simpson, by the way. get the breaks down, lower deductions and exemptions, to create more jobs. there is nothing better for+ getting us to a balanced budget
we are still on the economy. we'll come back to taxes and move on to the deficit and a lot of other things, too. >> mr. president, you are absolutely right, with regard to 97% of business is not taxed at the 30 boppers in tax rate, they are taxed at lower tax rate. but those top 3% employee half the -- those are the businesses that employ one-quarter of all the workers in america. your plan is to take that tax rate from 38% to 40%. federal income tax, federal payroll tax, state income...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as much. lou: they don't care about as much. those folks down in new orleans, implying because they're black. that the federal government, the rest of us, apparently, did not care about the folks in the once in 2005. that, of course, then senator barack obama talking on the fifth of june. in 2007, that video obviously very, very well documented. the current president's view before a mostly black audience of ministers that the country just doesn't care as much about our black citizens as we do other citizens, specifically knew well as residents. what i wanted to do tonight is but
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as...
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Sep 29, 2012
09/12
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with the capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> let's move to politics in the battle over ohio. there are actually two battles going on there, the race for president and the fight over early voting. let me start with the presidential race. here's our latest polls for the state. 51% of likely voters are leaning towards president obama, around the same margin he won the state with in 2008. many consider the race to be closer than the numbers indicate. that's why both campaigns
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with the capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it...
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Oct 2, 2012
10/12
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it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >> they were pretty quiet the last couple of days, perhaps practicing memorizing numbers and facts and zingers, but really it is interesting that you point out that -- >> what was that about? >> what is that about? what do you think that is about? >> romney is practicing zingers? he's not very funny. i mean -- >> newt gingrich says he should be funny. you say no? >> i've watched him. i was in iowa. and saw his campaigning there. and he tries to be funny. it just doesn't come through. >> but what about for the president? some say he could be a tad too professorial or cool which can be a turnoff for
it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >>...
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Oct 4, 2012
10/12
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CURRENT
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they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up food prices are up health care costs have gone up by $2,500 a family. middle income families are being crushed. and the question is how to get them going again, and i described it energy trade, the right kind of training programs balancing our budget, and helping small business. but the president mentioned a couple of other ideas. first education. i agree. education is key. but our training programs right now, we have 47 of them housed in the federal government reporting to eight different agencies, we have got to get those dollars back to the states and go to the workers so they can create their own pathways to get in the trainin
they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up food prices are up health care costs have gone up by $2,500 a family. middle income families are...
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Sep 30, 2012
09/12
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signs for hope of the california economy. we talked to experts about the latest trends. >>> voters take a proposition 34. the campaign to make california when the states and nations to abolish the death penalty >>> where he kicked off his world record attempts. we'll be right back. at park we have one day for the bay area. mr. a the sunshine, finished up way too. >>> will california joined other states to limit the death penalty? is the most closely watched measures on the ballot. >>> of former prosecutor who wrote the lot back to '70s is now behind proposition 34 >>> california spend billions of dollars trying to enforce capital punishment. $4 billion. >>> so far 57 inmates have died from natural causes and 13 were executed. and we've been looking in detail at both sides of this issue. >>> we talk with the campaign manager for yes on 34. but the measure to the voters approved. >>> are replaced the death penalty with life in prison without possibility of parole. it requires every person convicted of murder to work in prison a
signs for hope of the california economy. we talked to experts about the latest trends. >>> voters take a proposition 34. the campaign to make california when the states and nations to abolish the death penalty >>> where he kicked off his world record attempts. we'll be right back. at park we have one day for the bay area. mr. a the sunshine, finished up way too. >>> will california joined other states to limit the death penalty? is the most closely watched measures...
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Sep 30, 2012
09/12
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economy are slowing down the global economy. she also talked about the fiscal cliff and the political climate in the united states as well as the role of central banks. this is about 1.5 hours. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> let me will commute to the peterson institute of international economics. christine hildegarlagarde, fromr prior position as minister of finance in france and continuing at the home of the imf. chief famously attended some of her high school in earlier days here in bethesda. she is a lawyer by training. she spent much of her career at baker and mckenzie, becoming chairman of they are global executive committee and then chairman of their global strategic committee in 2004. she then joined the french government in 2005, originally was minister for foreign trade and then minister for agriculture and fisheries for a brief time. then, in june 2007, she became the first woman to hold post of the minister of finance and economy of
economy are slowing down the global economy. she also talked about the fiscal cliff and the political climate in the united states as well as the role of central banks. this is about 1.5 hours. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> let me will commute to the peterson institute of international economics. christine hildegarlagarde, fromr prior position as minister of finance in france and continuing at the home...
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Oct 4, 2012
10/12
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FOXNEWS
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so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting the president would make excuses because he can't defined his record. he joins us from denver, good evening mr. chairman. tell me have you spoken to governor romney since the debate? >> i. i can tell you he was smiling and happy with how things went tonight. tonight was a historical night. and this is a sense that that is shocking. the performance but there is a problem for governor and drk-excuse me, the president, mitt romney was ready, and prepared. and he was ten yaishis and respectful. the president meande
so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just...
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Oct 4, 2012
10/12
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MSNBC
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economy on government. >> okay. >> we're now spending the 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> yeah, but, mr. president, you're saying in order to get it -- get the job done, it's got to be balanced? >> if we're serious, we've got to take a balanced, responsible approach. and by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now, i've identified areas where we can, right away, make a change that i believe would actually help the economy. the oil industry gets $4 billion a year in corporate welfare. basically, they get deductions that those small businesses that governor romney refers to, they don't get. now, does anybody think that exxonmobil needs some extra money, when they're making money every time you go to the pump? why wouldn't we want to eliminate that? why wouldn't we eliminate tax breaks for co
economy on government. >> okay. >> we're now spending the 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> yeah, but, mr. president, you're saying in order to get it -- get the job done, it's got to be balanced? >> if we're serious, we've got to take a balanced, responsible approach. and by the way, this is not just when it...
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Oct 4, 2012
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the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket kill 700,000 jobs. i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people m
the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket...
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Oct 4, 2012
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number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs by this test if they do not pass it. is is so critical it is worth borrowing money from china to pay for? if not, i would cut it. obamacare is on my list. i use that term with all respect. >> i love it. >> i will stop subsidies to pbs. i will not keep spending money on things to borrow money to pay for it. i will take programs that are currently good programs, but if you run more efficiently at the state level. number three, i will make government more efficient and cut back the number of employees. i will combine some agencies and departments. cutbacks will be done through attrition. this is the approach we need to take to balance the bu
number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs by this test if they do not pass it. is is so critical it is worth borrowing money from china to pay for? if...